At a Glance
Average Property Price - LA12
£290,308
39
National percentile
Average Monthly Rent - LA
£795
20
National percentile
Average Net Household Income - LA12
£35,392
34
National percentile
Flat / Maisonette Yield - LA
4.8%
17
National percentile
10-Year Annualised Price Growth - LA12
3.2%
35
National percentile
10-Year Annualised Rent Growth - LA
3.2%
10
National percentile
Property Price & Volume Trends
The latest average property price in LA12 is £290,000, placing it below the national average. Over the past decade, prices have grown at 3.2% annually, a pace slower than the national trend. Transaction activity has eased compared with its 10-year average, with 307 sales in the latest full year against a historical average of 357.
Rent & Yield Trends
Average monthly rent across the broader LA postcode area stands at £795, well below the national median. Rental growth over ten years has been slow at 3.2% per year, ranking among the weakest nationally. Flat yield currently stands at 4.8%, above its 10-year average of 4.2%, reflecting improving returns for buy-to-let investors in the area.
Income & Affordability Trends
Average household net income in LA12 is £35,000, below the national average. The price-to-income ratio has widened to 8.6x from 7.2x a decade ago, signalling that housing has become less affordable relative to local earnings. Rental affordability has slightly improved, with the rent-to-income ratio edging down from 23.7% to 23.3% over the same period.
Resident Demographic Profile
LA12 has an older demographic profile than England as a whole. Those aged 50–64 comprise 24.3% of the population against a national average of 19.8%, and pensioners (65+) account for 26.5% compared with 19.6% nationally. The area also shows notably higher rates of outright home ownership at 45% versus 33.7% nationally, with a corresponding lower share of private rental housing. Trades workers are overrepresented at 15.4% of the workforce, above the national figure of 10.5%.